How to prepare yourself for Brexit?

Last modified:

Thursday 12 November 2020

Much has been written about Brexit. Now, the uncertainties have dissipated since the UK's exit from the European Union was officially announced on the night of January 31, 2020.

Until December 31, 2020, the United Kingdom and the European Union will experience a new transitional period following the withdrawal agreement ratified last week by the EU, the European Parliament and the British Parliament.

However, there are still some uncertainties regarding the practical details of the agreement as well as the Transition period considered by some as insufficient.

Meet our experts and assess the potential impact of Brexit on your business!

Whatever the final form of negotiations, one thing is certain: the United Kingdom will be treated as a third country. Therefore, new commercial procedures will be implemented, including customs procedures, taxes and tariffs, standards, regulations for staff hiring and expatriation... In any case, prevention is better than cure.

New formalities

If no extension is requested, it is therefore certain that on 1 January 2021, trade with the United Kingdom will be subject to customs formalities and border controls.

For services, new measures limiting access to the market may be implemented. These would affect the ability of EU workers to settle in, or be posted to, the United Kingdom.

In this context, the European Commission has produced a series of “preparation sheets” for each sector of activity.

If you are exporting agri-food products to or from the United Kingdom, you can visit the website of the Federal Agency for the Safety of the Food Chain (FASFC), which has compiled all useful information on the sanitary and phytosanitary conditions for import and export on its website (French/Dutch).

Update 21 May : The British government has published a list of new tariffs which will be applied from 1st January 2021 if the negotiations do not lead to a trade agreement between the European Union and the United Kingdom. Read more.

Financial incentives for exporters after Brexit

Once the United Kingdom has officially left the European Union, it will be covered by funding for non-EU prospecting. Discover financial incentives for exporters! Consultancy support is also available (e.g. legal advice).

BREXIT CHECKLIST

Brexit is fast approaching. As of January 1, 2021, new procedures and conditions for trade will be put in place.

Great Britain remains a neighbouring market of 66 million inhabitants with a long history in trading with European countries. However, practical questions and technical challenges remain to be raised.

Hub.brussels, the Brussels Agency for Business Support, suggests this checklist in order to better prepare your business on time for these challenges and thus avoid as much as possible the expected impacts in 2021.

Download the checklist

 

Also, we suggest you visit the following UK links

Any questions? Please contact Nathalie or Mounif

Nathalie Stefanovic
Area Manager Export
Tel : 02.800.40.74

Mounif Kilani
Economic and Commercial Attaché in London
Tel :+44 207/235.89.49

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